Trustee is apathetic. May not even now what it's all about. In our first (unsuccessful) in court mediation hearing, I was asked, "Who is so and so?"
The person in question was a mutual friend who, back in 2016, assisted in making phone calls and getting paperwork submitted to settle/distribute...
1) Beneficiary and plaintiff.
2) I've spent tens-of-thousands of $$$ "out-of-pocket " (approx $82,000) since retention of counsel in 2019.
As of December 2016, Trust was 100% liquid/all cash--
After several years of certified letters and emails with no replies, I threatened legal recourse and...
My legal team is completely dumbfounded as to why Trustee continues to shell out Estate funds to attorneys to cover-up the fact that she originated an expensive swing-loan on Trust assets to purchase her home.
Her house of cards will be collapsing and, perhaps she doesn't know she'll be...
Thanks for your detailed reply. The Trustee is my sister and "apathetic" is an understatement about her. ANYTHING that is directed to her is replied by, "Talk to _____ about it... (the Trust attorney)."
Perhaps, I'll mention it to my legal counsel who has been handling the Trust litigation...
From the OP: "Anyhow, at the time, I stated my interest in acquiring, but the (Trust) attorney wouldn’t talk to me and said I needed to be represented by counsel."
Therefore, my problem would be with the Trust attorney who wouldn't have words or correspondence with me until I retained counsel.
This ($6000 in legal fees for the property acquisition) was not part of the litigation. It happened years prior. A realtor of over 30 years told me that, in accords to the Trust amendment, a transfer of title could have been easily executed without any retention of legal counsel.
The house sold in 2016 to an outside party. I have not received any proceeds to this date.
I began contacting the Trust attorney (and Trustee) in 2017 - 2019 about the status of affairs to no avail. In 2019 I threatened legal recourse and finally received the accounting where there was $74,000...
I was beneficiary of my mother’s Trust which had an amendment that stated that any one of her children would have the opportunity to acquire the house. When she passed, the Trustee retained an attorney (who turned out to be crooked - I am in litigation to this day, almost 9 years later)...
**(I will be meeting with an attorney after completion of my will to the best of my ability.)
I've decided to list two co-executors in my will. A main beneficiary is one of them, and the other is a much younger, very bright 18yr-old, long-time tennis student of mine.
There are many valuable...
Could someone please explain this process or verify that my understanding is correct:
1) Will maker signs the will.
2) Two witnesses listed in the will sign the actual "witness" signature portion of the will, whenever and wherever...
3) Notary comes over to the house where the two witnesses...
Thank you for your feedback. I always like to learn more about these sorts of things.
About #1: "Since you weren't and aren't the trustee, you seem to have overstepped your bounds at the start of things."
Could you please tell me which particular action (or actions) would have been considered...
Don't think that a Trust will guarantee smooth sailing of asset distribution upon death...
Mom had an irrevocable trust drawn up with her home (our childhood home) as the only asset. There were no debts. The beneficiaries were/are her two children with the eldest as the Trustee. She passed in...
Thank you. How would one refer to this in the property listing: "Proceeds from Trust litigation involving so and so.......?" Should I mention the name of my legal counsel handling the case, etc?
Currently in ridiculous Trust litigation due to objections to Trust Accounting.
Death occurred in 2015, and I sought legal counsel in 2019 after no response from estate Trust attorney. Litigation still ongoing...
I’m not going to live forever, so can someone enlighten me as to how these...
Auto accident 4/15/2022 - 20 yr old vehicle I was driving had liability insurance only.
Other vehicle's insurance co determined me to be at fault, but this is clearly discrepant.
As advised by my own insurance agent, I sent the demand letter to the opposing insurance company rep, who is...